After almost a decade of failure to significantly improve outcomes for Indigenous Australians, the Federal Government is working on a major overhaul of the Closing the Gap strategy.

Key points:

Government will invest $300b into Closing the Gap strategy over next 10 years

Indigenous leaders say government must seek advice of Aboriginal and Torres Strait Islander people

Final Closing the Gap strategy won't be implemented until middle of 2018

It has been almost 10 years since commonwealth and state Governments committed to targets to close the gap in Indigenous health, education and employment, but there has been limited progress in key areas.

Documents obtained by the ABC show the Federal Government is now seeking feedback on a drastically different approach, that will broaden the agenda to include more cultural and community targets.

The new framework, which would guide $300 billion of investment over 10 years, would also consider if objectives like home ownership, community safety and overcoming trauma should become priorities.

It is expected the final strategy will not be implemented until the middle of 2018, almost 18 months after Mr Turnbull indicated change was needed.

Federal Indigenous Affairs Minister Nigel Scullion was meeting with his state and territory counterparts to discuss proposed changes, with months of consultation with the Indigenous community expected to follow.

Progress 'shameful' and 'disappointing'

Senator Scullion said in the past, state governments had little involvement in designing the scheme and that working with the states was essential to any overhaul.

"We are committed to co-designing the Closing the Gap refresh and that is why the [Council of Australian Governments] will hear from the National Congress of Australia's First Peoples and discuss priorities and objectives for each state and territory over the next 12 months," he said.

The co-chairman of the National Congress of Australia's First People, Rod Little, said there needed to be greater accountability for the strategy and its outcomes.

"After 10 years, it is disappointing but shameful for successive governments if you're not getting this right, and perhaps they're not the right people to do what they're aiming to do," Mr Little said.

"If we're going back to square one again and again we're never going to close the gap, it will take 100 years to do that."

Mr Little, who is also a member of the Closing the Gap steering committee, said he believed it was vital the new scheme had targets that addressed the rising rates of Indigenous imprisonment.

"We know that the Commonwealth is reluctant to include justice targets because they are a responsibility of the states and territories but so is education and health, they're all state and territory responsibility," he said.

Mr Little said it was vital for the Indigenous community to be involved in designing the new strategy, or the framework was doomed for failure.

Year 12 attainment on track

One of the few targets currently on track was the goal to halve the gap in Year 12 graduation rates between Indigenous and non-Indigenous students.

Year 12 student Tanaya Williams had to move hours away to study at St Catherine's in Sydney.

She said it changed her life and aspirations and wished all Indigenous students could have the same opportunity.

"To be able to have so many Indigenous students succeed would just have such a great impact on everyone, as well as for ongoing generations," Ms Williams said.

"I'd love to see [more Indigenous students] go to university and see Indigenous people do things they haven't done before."

Mr Turnbull flagged in his Closing the Gap speech to Parliament earlier this year that data showed there was no employment gap between Indigenous Australians and non-Indigenous Australians with a university degree.

Ms Williams and her peers, Summer Dann and Madi Lampton, will all be the first in their families to attend university, a move which has made them role models in their community.

They all hope the number of Indigenous students who make it to university will continue to grow.